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Mughal Iron & Steel Industries Limited Introduces Sukuk with 5-Year Tenor

October 26, 2023 Uncategorized

Karachi, Mughal Iron & Steel Industries Limited introduced a Sukuk with the symbol MUGHALSC, featuring a face value of Rs. 1,000,000 and a tenor of 5 years. This Sukuk reached a total issue size of Rs. 3,000,000,000. Investors can look forward to the ...

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Telecard Limited’s TFC Features 6-Year Tenor with No Profit Rate

October 26, 2023 Uncategorized

Karachi, Telecard Limited introduced a 6-year TFC (Traded Finance Certificate) with the symbol TELETFC, featuring a face value of Rs. 5,000. Interestingly, this TFC offers a profit rate of 0%, providing a unique investment opportunity. The total issue...

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Price of Gold in Pakistan Increases by Almost Rs. 3,000 Per Tola

October 26, 2023 General

The price of gold in Pakistan registered a significant increase on Thursday to cross Rs. 211,000 per tola.According to the data released by the All-Pakistan Gems and Jewellers Association (APGJA), the price of gold (24 carats) soared by Rs. 2,900 per ...

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Sazgar Posts Massive 5,881% Profit Growth in Q1 FY24

October 26, 2023 General

Sazgar Engineering Works Limited (PSX: SAZEW) Thursday announced its financial results for the quarter that ended on September 30, 2023 (1QFY24).The company’s profit after tax (PAT) increased by 5,881 percent year-on-year (YoY) or 58.8x to Rs. 658.5 m...

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Consumers to Face 16-Hour Gas Loadshedding in Winter Months

October 26, 2023 General

The gas consumers in Pakistan are set to face 16 hours of gas loadshedding daily in the upcoming winter season due to depleting gas reservoirs.Caretaker Federal Minister for Energy Muhammad Ali, in a media briefing, said that the government will provi...

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KP Governor calls on Caretaker Finance Minister in Islamabad

October 26, 2023 General

Governor Khyber Pakhtunkhwa Ghulam Ali called on Caretaker Finance Minister Dr. Shamshad Akhtar in Islamabad.According to a tweet, the high level discussion centered on key strategies and initiative aimed at bolstering the economic development and rev...

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ECP dispels impression of delay in elections

October 26, 2023 General

Election Commission of Pakistan (ECP) has strongly dispelled the impression that there is any possibility of postponing the elections. In a statement today, a spokesperson of the election commission said the first phase of delimitation of constituen...

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Asianet Pakistan

Asia Net Pakistan is a website that provides press release distribution and publishes news online across various sectors including business, politics, sports, and entertainment. The primary goal is to keep readers informed about happenings that can impact their lives. The website publishes news and highlights issues, urging concerned authorities to address them.

  • PM Expresses Satisfaction Over SBP Reserves Reaching Historic High of $21.4b

    3 days ago
  • No One Permitted to March on Islamabad, Declares Mohsin Naqvi

    3 days ago
  • Pakistan Emphasizes Diplomacy for Iran Nuclear Issue

    3 days ago
  • DPM Reviews Implementation of PM’s Special Relief Scheme

    3 days ago
  • Dar Stresses Effective Follow-Up on Foreign Policy Priorities

    3 days ago

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